28 Nov 2023 16:22

S7 Group completes re-merger of Globus and Sibir airlines

NOVOSIBIRSK. Nov 28 (Interfax) - The S7 Group is liquidating its Globus airline and merging it with carrier Sibir, the fedresurs.ru website reports.

"By decision of the sole participant in Globus LLC, it was decided to reorganize Globus LLC in the form of a merger with Sibir Airlines JSC," the report, dated November 28, says.

The decision to merge was made in June of this year, it said.

As reported, after completion of the merger, Sibir will continue to operate.

Globus was created in 2008 as a separate airline in the S7 group, operating flights from Moscow and Novosibirsk. In 2020, the group's management decided to merge S7 and Globus, and flights continued under the S7 brand. Globus's operator certificate was cancelled.

At the beginning of last year (before the events of February 24), Globus again received an operator certificate from the Federal Air Transport Agency. Using it, S7 planned to create a low-cost airline under the Citrus brand. The company was planned for launch in July 2022; it was assumed that it would connect Russia's regions directly, bypassing Moscow. The carrier's fleet was planned to be made up of Airbus A320neo aircraft. In June, S7 announced the suspension of the project, citing the inability to obtain the A320neo due to sanctions. It was noted that the Citrus team would continue to work, organizing joint flights for S7 and Globus, among other projects.

S7 is based at Novosibirsk Tolmachevo Airport and Moscow Domodedovo Airport. The group was founded by spouses Vladislav and Natalia Filev. At the end of 2020, Filev owned 49.9% of shares in CJSC S7 Group of Companies, while his daughters Tatyana and Maria had 25.03% each.